25-30 million lost jobs in MSMEs, 10-15 million jobs on the verge

The survey also highlighted that another 10-15 million jobs may be lost by the end of August.

25 - 20 million MSMEs lost jobs

The micro, small and medium enterprises (MSMEs) are the backbone of the Indian economy. The MSME sector has been severely affected by the lockdown in wake of the novel coronavirus pandemic which has led to job loss.

A survey on micro, small, and medium enterprises conducted by SKOCH Group in collaboration with Federation of Indian Micro, Small and Medium Enterprises; Bhartiya Vitta Salahkar Samiti, and Tax Law Educare Society showed that estimated 25-30 million people lost jobs by the end of June.

Almost half of the micro and small firms have also stated in another study that the impact of Covid-19 on earnings was between 20-50 per cent which is leading to job cuts.



Labour ministry data: 3557 workers affected by lay-offs across India between January and June

ecommerce festival sale

E-tailers poised to clock $7 billion festive month sales in 2020: RedSeer

Changing landscape of healthcare start-ups amidst COVID-19

A changing landscape of healthcare start-ups amidst pandemic

Insurance For MSMEs Is A Key Ingredient Towards Nurturing The Atma Nirbhar Bharat

Insurance for MSMEs is a key ingredient towards nurturing the Atmanirbhar Bharat

How AI and deep learning are becoming artificial eye for visually impaired people

This Indian startup is giving an artificial vision to visually impaired people using AI and Deep Learning

25 - 20 million MSMEs lost jobs

US restrictions on textile imports from China may augur well for India: ICRA

real estate construction

Weak outlook for builders to affect cement and steel demand: Fitch Ratings

ease of doing business

Promotion of industry and internal trade identifying ease of doing business reforms with states

micro industrialization process

Ministry of MSME re-activates micro industrialization process in rural India

indian export piyush goyal

Piyush Goyal: double digit growth in exports show rapid economic recovery

auto sales

India’s 2020 auto sales to decline by 30%: Moody’s

bamboo plantation

Government launches 22 bamboo clusters in 9 States and new logo for NBM